OTCPK:FRSAF - Post by User
Comment by
JohnEStromJron Mar 08, 2012 1:20pm
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Post# 19644400
RE: RE: Matched All Time Low Close
RE: RE: Matched All Time Low Close superdobbs,
Go for it. That said your biggest concern should be - can they make that first payment in May. If they can they MIGHT make it but I would wait for a couple of more months to see if they made payments 2 and 3 as well. I would also point out that operating costs will increase if oil prices continue to escalate. The increase in diesel fuel could become a major issue cost-wise. Remember, every thing is flown in and out.
Personally I have doubts they will make it but that's the great unknown and why people gambe. I'm now through gambling on Canadian junior miners. Most do not make it and those that do manage to figure a way to screw the shareholders. Been there, done that, got the T shirt. ;)